UBS interns learn fund administration

A new group of students had the
opportunity to check out a range of job options at UBS Fund Services (Cayman)
Ltd over the summer.

The company hosted 16 students for
three months through its summer intern programme. The students were placed in a
number of departments, including compliance, banking operations, information
technology, and hedge fund accounting.

Morris Swaby, who is headed to
Middlebury College in Vermont, has worked as an intern in the single manager funds
division for the past three summers. He gained experience in reconciling fund
accounts, inputting and updating shareholder information and creating net asset
value files for various funds.

“I really enjoy the atmosphere at
the UBS office,” he said. “I have had the opportunity to work and share stories
with people from all over the world. Furthermore, the chance to learn about how
my island’s financial sector operates and being able to have a better understanding
of the links between Cayman and the rest of the world has been incredible.

“I would recommend any young person
in Cayman looking for an opportunity to expand his/her ability or to learn more
about careers in the financial industry to apply for this internship.” 

Damian Thompson plans on attending
the University of Tampa. He has been working in both the single manager funds
and compliance departments.  In the
single manager funds department he assisted with reviewing investor files for
completeness, archiving, scanning documents, and preparing files for courier.
In the compliance department, he assisted in screening client relationships
using the compliance database. 

“This was my first year as an
intern at UBS, and I have gained a lot of experience and confidence since I
started,” said Damian. “I think that UBS is a great place to work because people
are friendly and helpful.”

Brittany Bodden, who will attend
University College of the Cayman Islands, interned in the fund of funds

“During my internship, I was given
the opportunity to interact and work with people of various nationalities,” she
said. “Working in the fund of funds team has taught me more about the company,
along with the numerous funds and procedures involved. All of the things I’ve
done at UBS made me exercise my organisation, communication and learning
skills. I am sure that this experience will help form the base of my future
career.  The UBS team was warm, encouraging
and genuine.” 

Students interested in
participating in the 2011 UBS summer intern programme should send a resume and
cover letter to Phil Jackson, Human Resources, UBS House, PO Box 852, Grand
Cayman, KY1 – 1103 by March 2011.